An idiosyncratic collection of facts (and the occasional opinion)

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China: rich country, poor country

So we all know that China is getting richer at an impressive pace. And that’s made some people phenomenally wealthy: China now has more than a hundred billionaires and the average income in the coastal city of Macao is now around $90,000. However, this is a rising tide that has not lifted all boats: the average income in the Southern region of Yunnan is less than $1,000.